Society's expectations of farmers in relation to their environmental performance are ever
increasing, in general terms and in response to regional challenges. One tool for achieving …

The importance of risk perception and risk attitude for understanding individual's risk
behaviour are independently well described in literature, but rarely combined in an …

Agriculture is an activity burdened with multiple risk factors that are related to the biological
nature of production. Climate change, liberalisation of international agricultural trade and …

Risk aversion is an important research area in the field of agricultural economics in the last
years. Creating effective and efficient risk management tools in an increasingly volatile …

Understanding the motives and risk attitudes of producers to engage in sustainable
practices is important for policy-makers who wish to increase the likelihood of adoption and …

The agricultural sector je characterized by the fact that there is a high level of risk. It was
always this case, but in the last years, there is a tendency of the increasing of the risk. The …

We test and quantify the (in) stability of farmer risk preferences, accounting for both the
instability across elicitation methods and instability over time. We use repeated …

This paper uses a lottery-choice mechanism to measure farmer preferences over money-
denominated risks. We look at the ability of these choice data to predict farming decisions for …

We combine a survey and an experiment with real pay-out among Peking University
students to measure and validate individual risk attitudes. The experiment involves choosing …

Many studies quantifying individual risk preferences of test persons show that results of
different measuring methods may vary. Additional reservations about the reliability of the …